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The global business process management (BPM) market reached a value of US$ 9.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 20.3 Billion by 2027, exhibiting at a CAGR of 14.2% during 2022-2027.
More info:- https://www.imarcgroup.com/business-process-management-market

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Published by marcelmikaelson4, 2022-12-09 01:23:31

Business Process Management Market PDF 2022: Industry Trends, Share, Size, Demand and Future Scope by 2027

The global business process management (BPM) market reached a value of US$ 9.2 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 20.3 Billion by 2027, exhibiting at a CAGR of 14.2% during 2022-2027.
More info:- https://www.imarcgroup.com/business-process-management-market

Keywords: Market Size, Market Share, Market Growth, Market Trends

Global Business Process Author: Elena Anderson
Management Market Research and Marketing Manager
Forecast Report 2022-2027 IMARC GroupCopyright © IMARC Service Pvt Ltd. All Rights Reserved

© 2022 IMARC All Rights Reserved


Report DescriptionAbout IMARC Group

International Market Analysis Research and Consulting Group is a leading adviser on
management strategy and market research worldwide. We partner with clients in all regions
and industry verticals to identify their highest-value opportunities, address their most critical
challenges, and transform their businesses.

IMARC’s information products include major market, scientific, economic and technological
developments for business leaders in pharmaceutical, industrial, and high technology
organizations. Market forecasts and industry analysis for biotechnology, advanced materials,
chemicals, food and beverage, travel and tourism, nanotechnology and novel processing
methods are at the top of the company’s expertise.

IMARC’s tailored approach combines unfathomable insight into the dynamics of companies and
markets with close cooperation at all levels of the client organization. This ensures that our
clients achieve unmatchable competitive advantage, build more proficient organizations, and
secure lasting results.


Report DescriRpetpioornt Description and Highlights

Global Business Process Management Market Research Report 2022-2027:

According to the latest report by IMARC Group, titled "Business Process Management Market:
Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027," the global
business process management market to reach a value of US$ 9.2 Billion in 2021.

Business process management generally utilizes various methods for modeling, discovering,
analyzing, improving, measuring, and optimizing business processes. It coordinates the behavior of
systems, individuals, materials and information in order to produce outcomes that support business
strategies. Additionally, it is used for onboarding new employees, managing logistics, loan
processing, compliance management, and customer service.

As a result, it is an effective methodology for creating effective and efficient results in a cost-efficient
manner while increasing the overall productivity and minimizing the chances of risks. Due to
continual technological advancements, there has been a considerable rise in the adoption of
business process management solutions across the globe.

Request for a PDF sample of this report: https://www.imarcgroup.com/business-process-
management-market/requestsample


Report DescriRpetpioornt Description and Highlights

Global Business Process Management Market Trends:

The global market is primarily driven by the increasing need for managing operational business
processes in the corporate sector. Along with this, continuous improvements in the information
technology (IT) industry and the emergence of machine learning, artificial intelligence (AI) and cloud
computing are creating a positive outlook for the market. Moreover, rapid digitization has encouraged
multiple businesses to heavily invest in the deployment of business process management solutions,
which is positively influencing the market growth. Apart from this, the rapid outbreak of coronavirus
disease (COVID-19) has impelled enterprises to adopt the work-from-home models, thereby
strengthening the market growth. Also, the rising need for centralizing business processes has further
propelled market growth. Additionally, the widespread adoption of business process management
solutions across the banking sector for enabling online banking systems to serve its customer efficiently
is driving the market growth. Other factors, including continuous innovations in the service solution,
intensive business competition and extensive research and development (R&D) activities conducted by
key players, are further contributing to the market growth. On account of the aforementioned factors,
the market is anticipated to reach a value of US$ 20.3 Billion by 2027, growing at a CAGR of 14.2%
during 2022-2027.

View Report TOC, Figures and Tables: https://www.imarcgroup.com/business-process-management-
market


Report DescriRpetpioornt Description and Highlights

Key Market Segmentation

The research report includes the following segments:

Breakup by Deployment Type:

•On-Premises
•Cloud

Breakup by Component:

•IT Solution
• Process Improvement
• Automation
• Content and Document Management
• Integration
• Monitoring and Optimization

•IT Service
• System Integration
• Consulting
• Training and Education


Report DescriRpetpioornt Description and Highlights

Breakup by Business Function:

•Human Resource
•Accounting and Finance
•Sales and Marketing
•Manufacturing
•Supply Chain Management
•Operation and Support
•Others

Breakup by Organization Size:

•SMEs
•Large Enterprises

Breakup by Vertical:

•Government & Defense
•BFSI
•IT & Telecom
•Healthcare
•Retail
•Manufacturing
•Others


Report DescriRpetpioornt Description and Highlights

Breakup by Region:

•North America
•Asia Pacific
•Europe
•Latin America
•Middle East and Africa

Competitive Landscape with Key Players:

•Adobe Systems Inc.
•Appian Corporation
•Fabasoft AG
•Hewlett-Packard
•IBM Corporation
•Microsoft Corporation
•OpenText Corporation
•Oracle Corporation
•Pegasystems Inc.
•SAP SE
•Software AG
•TIBCO Software
•Ultimus Inc., etc.


Report DesKceriypQtiuoenstions Answered in the Report

1. How has the global business process management market performed so far and how will it
perform in the coming years?

2. What has been the impact of COVID-19 on the global business process management market?
3. What are the key regional markets?
4. What is the breakup of the market based on the deployment type?
5. What is the breakup of the market based on the component?
6. What is the breakup of the market based on the business function?
7. What is the breakup of the market based on the organization size?
8. What is the breakup of the market based on the vertical?
9. What are the various stages in the value chain of the industry?
10. What are the key driving factors and challenges in the market?
11. What is the structure of the global business process management market and who are the key

players?
12. What is the degree of competition in the market?


Report Description Table of Contents

1 Preface
2 Scope and Methodology

2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources

2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Business Process Management Market
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast


Report Description Table of Contents

6 Market Breakup by Deployment Type
6.1 On-Premises
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Cloud
6.2.1 Market Trends
6.2.2 Market Forecast

7 Market Breakup by Component
7.1 IT Solution
7.1.1 Market Trends
7.1.2 Major Types
7.1.2.1 Process Improvement
7.1.2.2 Automation
7.1.2.3 Content and Document Management
7.1.2.4 Integration
7.1.2.5 Monitoring and Optimization
7.1.3 Market Forecast

Click here to visit the complete table of content with list of figures and tables:
https://www.imarcgroup.com/business-process-management-market/toc


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Report DescriRpetpioornt Description and Highlights

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International Market Analysis Research and Consulting (IMARC). No part of this publication may be
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based on information and sources believed to be accurate and reliable at the time of publishing.
International Market Analysis Research and Consulting makes no representation of warranty of any kind as to
the accuracy or completeness of any Information provided. IMARC accepts no liability whatsoever for any
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IMARC, IMARC Group and Global Therapy Insight Series are registered trademarks of International Market
Analysis Research and Consulting. All other trademarks used in this publication are registered trademarks of
their respective companies.


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